Shell Acquiring EV Charging Company Greenlots

Greenlots, a Los Angeles-based provider of electric vehicle (EV) charging and energy management solutions, has signed an agreement to become a wholly owned subsidiary of Shell New Energies US LLC, a subsidiary of Royal Dutch Shell PLC.

Together, the companies will offer software and services that enable the large-scale deployment of smart charging infrastructure and integrate with advanced energy resources such as solar, wind and storage.

“As power and mobility converge, there will be a seismic shift in how people and goods are transported,” says Brett Hauser, CEO of Greenlots. “Electrification will enable a more connected, autonomous and personalized experience. Our technology, backed by the resources, scale and reach of Shell, will accelerate this transition to a future mobility ecosystem that is safer, cleaner and more accessible.”